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Published on Tuesday, September 22, 2015

Brazil | Has the exchange rate pass-through in Brazil changed?

We found no evidence of a significant change in the pass-through coefficient in the last year. According to our estimations, it remains between 3% and 5%. This means that recent inflationary surprises are related to other factors.

Documents to download

Report (PDF)

Observatorio Economico Pass-through Brasil Spanish September 22, 2015
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Report (PDF)

Economic Watch Pass-through in Brazil English September 22, 2015
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